monti's turn to look a bit upset. >> monti seemed to be this quiet technocrat when he took office, but last week, he took -- turned into quite a fighter at the brussels summit. how is his style going over with ordinary italians? >> it is going over well, though his popularity is low because of the reforms and cuts and tax increases that he has brought in. recall last week the summit talks took place at the same time as the euro cup, but i think that the temptation is growing at perhaps victory on the football field was not as complete as -- sari, the other way around. the victory on the football field was a lot more decisive than the one that mr. monti achieved in the talks on a possible new bailout mechanism. >> that, of course, victory against germany, something the germans would like to forget. we do not want to talk about that, but we thank you for your analysis from rome. >> mario monti insists his government is on track, but new numbers show the state is far from balancing its books. italy's budget deficit rose to 8% of gdp this year according to the country's statistics office.

with i'll cross over to the business that's given me the bombing of an italian italy's premier monti is meeting with his russian counterpart madrid in moscow to talk business i understand exactly and considering russia's special relationship with this predecessor silvio berlusconi will be really interesting to see if the business climate stays just as warm between the two countries monty's and russia with his first official visit he's meeting president vladimir putin and prime minister dmitry medvedev to discuss business projects with a focus on the energy sector and let's not check out the equity markets to see what's going on there and first we go to europe where it's pretty much a sea of red across the board as you can see the dax at the moment is losing more than one and that's three quarters of the sound that the footsie is roughly the same and basically the banking sector is really pushing the the foot sea down and onto the currencies and the negative sentiment on the european markets and all the bad news that we're seeing coming from europe really pushing the euro down against

what's the monti perspective then on this meeting?lly what monti wants to take out of this meeting is first all of the message that the night of the european council wheni italy vetoed the growth package in order to get support to the bond buying scheme is behind us. now monti and angela merkel speak the same language and walk in the same direction. this is what he said, sending a strong message to the german public opinion saying we have to share the same kind of vision and we are working together with angela merkel in terms of not just growth but also fiscal discipline in italy. and clearly monti is under pressure not just for the general situation and there will be discussion on the esfs and esm. details functioning of the bond-buying scheme. also what's happening in the italian real economy. the deterioration in the numbers came out this morning in q1. the deficit went to 8% versus a 7% in the first quarter -- in the first part of the year. and this is due to the 16% increase in interest rates payment we had to do. monti is prepar

monty francis has the latest details many monty? >> the driver accused of creating that big delay has been identified as antonio roberson oakland. he's expected to face charges of felony drunk driving. the chp says he was on parole for human trafficking. we're learning why it took so long for those eastbound lanes of the bridge to reopen. >> footage from our chopper shows how bad the delays were. the backup for computers trying to get out of san francisco and into the east bay stretched on for miles. an eight hour ordeal that left drivers stuck in traffic going nowhere. >> i called my job and told them i'd be really late. >> we car pooled and i have three kids. >> this badly damaged car, crashed at the s curve at about 1:30 this morning. and a chp cruise he wasn't far behind. >> our officers entered through the tunnel. as they came out into the s curve they saw the vehicle had collided with the bridge railing. they attempted to stop and render aid to the occupants of the vehicle. >> reporter: others felt threatened by roberson who t

all the talk shows is that mario monti has actually already reaffirmed his commitment to maintain the warm relationship that. the established previously years and of course you mentioned deals that have been lost song i'd already would know about it so these banks would lead to a hundred and seventy million euros that's to russia and that's to run the bait moskos or superstructure we also know that when it comes to north pole and it's at least taking the will also work on developing a soulful plan to run the day to that and that's in russia's foreign north when it comes to its release and the embroils enough to have are all the financial details to about the deal and oil reserves and that's in the black and barren sea and now with bond they have confirmation about an investment deal worth a one billion euros in two russians will talk assist resorts and that's why it's holly and developer the air force it's really is a very important partner for russia last year by a lot of increase by a quarter to forty six billion dollars loss almost to pre-crisis levels and we're still expecting mar

we'll keep an eye on spanish, italian bond yields because we have mario monti talking about, we might need help, too. >> we'll keep checking on bonds as we go through the show because unsustainable levels. plenty coming up as we move throughout the next couple of hours. we're pleased you've come to yoin us to run through this journey we are about to embark upon. i'm getting a bit overexcited. >>> still to come on today's show, as i try to calm down a little bit, we'll be speaking to senior strategist between the relationship between australia and china and what it means for the aussie/dollar, what he think investors should expect in terms of further losses. >>> we'll preview the interest rate decision due in brazil as policy makers are expected to slash rates there to a record low. >>> indonesia is only one of the rapidly growing markets that one of our upcoming guests says will be the engines of global growth next year. find out which other countries she says fit the bill at 10:45 cet. >>> 11:35, 5:30 a.m. eastern, we'll head out to dallas to find out one why money manager is telling

monty, when will she take the stand, do we know? >> she is expected to take the stand any minute now and she is expected to answer questions about a written declaration that she made detailing that fight with her husband on new year's eve. up first to testify was lynette hanes, mirkarimi's -- text messages that were sent between the couple. the protective order from family court is still in effect so there was initially some question as to whether sheriff mirkarimi could be in the same room since this is technically a court hearing. but we can tell you he is inside that room right now. lopez arrived just before 5:00, she had no comment before she went in, but once inside there were cheerings from her supporters in the hallway. lopez's attorney tells us that lopez has a goal here at these hearings and that is to set the record straight, and that is what led to the videotaping by a nash showing a tearful lopez after that fight on new year's eve. ivory madison made her fearful that lopez could lose custody of her 3-year-old son. >> she

and pure rena -- purina. >> dell monty owns mileo's chicken dog treats. she lost her dog in late may, she says after giving her the treats two. dogs also got sick. dell monty continues to say the fda and other organizations have performed a number of tests and found no connection. as for petition in, less than 24 hours, more than 100 people in 23 states and eight countries have signed it. marta also from morgan hill is one of them and refuses to buy them. >> and i returned mine. i told them that there was a reason i returned them. i was afraid. >> this. >> there are so many complaints in november, it put out an advisory. and caused them to leak electrolytes out of the body. >> we don't want to seem like we're hiding anything. everything is on the table. >> a dog owner gathered 65,000 signatures asking the fda to recall the treats that. prompted the senator to take up the cause. he issued this statement. fda must be aggressive to find the source of this contamination. >> i can help save other dogs just by bringing awareness. >> and there is the result of a

he used to produce monty python specials. oh, and he hates mimes. lorne hates mimes. the bulls up a chair and give him this poem with 1100 jokes in it. he opens it. he reads the first joke. egos, u -- he goes, uh-huh, good. then he closes the book. i wrote 1100 jobs over two days, and he reads one joke. i wrote a jokes and the post office was about to issue a stamp commemorating prostitution in the united states. 10 cents, but if you want to lick it, it is a quarter. [laughter] he said, good. good. he said, tell me, how much money do you need to live on? i said, well, i am making $2.75 an hour at the deli. match it. [laughter] he said, well, tell me a little bit more about yourself. acted it to mean before he committed this kind of cash, he wanted to see what he was buying. i said, with the allen is my idol. i love monty python. but if there is one mime on the show, i am out of here, and he gave me a job. [laughter] that was my great. ultimately, hear i am, having written a novel with my childhood hero dave barry. [applause] >> dave barry and alan zweibel, they're not

i want a voluntary recall to pull these off the shelf autos dell monty owns mileo's kitchen dog treatshambers said the treats sickened two more of her dogs. dell monty says there have been a number of tests and performed no connection and. >> and and there is a you tube sensation starts on -- shot on the streets of san francisco. take a look. there is a rally car doing what some drivers only dream of, receiving five million hits in just 24 hours. the team shot that paid $1200 for permits, $50,000 for over time that. did leave skid marks all over the city. >> there is a they hired dpw to come back and clean off the marks on the street. >> public works says it received only a few complaints and most of it shot with traffic was in the early morning and on weekends. >> and and still ahead at 6:00 congress tried to repeal the obama health care law. >> both sides have seen pressure. >> tonight the bay area team whose medical detective work helped visitors living inside all of use serena williams fresh off a win at wimbledon preparing for her next challenge. another half >>> on capitol hill t

outlaying his vision with russian president vladimir putin first of all monti says that the transition in syria should be modeled based on the lebanese system when they went through a transition of power they are allowed a system where every religious group and ethnic group had a say in government and had a representative in bad government a system that is working out quite well in lebanon right now now putin does not disagree nor does he endorse this concept rather he's saying we're just getting ahead of ourselves a little bit with this idea listen to what he had to say on the matter. and we should first of all there must be a complete. dismissal and they both sides must come to the negotiating table you decide. that future must not be decided by a military victory of one side or the. compromise solution. in essence what president putin is saying is all fighting first has to stop before anything else can move forward and then all sides have to come to the table and have serious negotiations in discussions only then can real change take place and that change possibly meaning updating t

despite austerity measures, prime misr mario monti has a masse bturnf almost two trillion euros. a moh ago, italy w paying almost 4%ntes on its bonds. on tsday, it dropped to 2.7%, thowtat since may. e roan fiscal impact stresses greater budgetary discipne >> on to market. european shares traded lower and played catch up after the slump in the united states. w pmpd by indications from the u.s. central bank said itil hold off on enhanced stimulus measures despite oniceaes here are the numbers, starting in frankfurt. beat -- the dax down. the eurto 50 down by an even ear ou. and the euro trading at a value of $1.2194. french carmaker peugot will be clinonf its plants near paris. explains the economic crisis. european leaders are cli is an economic earthquake. >> in the past, southern eope has been at major market for peugot's contact cards- compact cars. e company worries that turnover could plummet 10%. otr caon a set to undergo restructuring. peugot's ieexuteay the company is facing a difficult situation on the european market. the group has lost00ilon euros each month for the pa

ready to go in frozen slices or the full monty. "basically you just load up the stuffer.dden you know, you put something together and it works. (laughs)" (laughs)""they always say it's never a sale unless you have a peeing a lot of return cuutomee" customers!"stetz says finding a buu big eeough for theehot dog is the next obstaale. with the holidays here... authorities are reminding people to stay safe and be smart.part of that means protecting yourself.when yoo have ffiends over tooyour pome, it's importaat to remember that as the homeowner, you are responsible. personal injury attorney ádavid elliná for more information on this topic go to fox-baltimore-dot- commslash newslinks 3 11-17"it's big funn mmn, it's &pbig fun. it's a little hot, bbt big fun. we all just dig these big trucks. that's what it'ss ll about." about."you heard him.the new resort for swwmming in mud holes, riddng 4-wheelers and much more. 3 &p--adblib weather tz-- ahhh, now that's a clean mouth. i just wish it wouldn't fade away so fast. let me show you something. [ dr. rahmany ] as soon as you leave

monty, we would love to have you on. >> of course he is watching. >> of course, a big fan of the show. >> thanks to twitter at mesch radke for sending the correction to me. >> i know who she is. >> who cares? >> did you just name drop a random twitterer? that's a new one. >> fred willard arrested for lewd conduct and fired by pbs, an ago raw niche was -- >> you saw that, didn't you? i couldn't do it. >> you had it written down, but the way -- >> i was -- it was like i don't know what it was. i couldn't get the car started. >> sherrod, abc says it plans to broadcast "trust us with your life." they say they will air. >> of course. they are already out of the pocket for it. >> somebody is in tv land. >> i thought pbs was supposed to be the progressive ones. >> how ironic they yanked him. >> wait a second. what is pro tbres sigh about abusing yourself in -- progressing -- progressive about abusing yourself in an old time theater? i don't see what one has to do with the other. >> it is like live and let live. >> it is an old timey theater. >> i envision these giant moveable bears. >> have

they said they're looking at more information and this may warrant a federal investigation of mira monty. >> and he pleaded not guilty to committing the lewd acts with 23 students. >> california state university trustees are considering pay raises for three new university presidents as csu fwrapel was a tuition hike and pay cuts. cal watch reports cal state president leslie wong would get $325,000 a year and csu northridge president roughly the same, $324,000. and san bernardino's president will make $319,000. and harrison would live rent free and others would get a $60,000 housing alouance, trustees picking up this proposal on tuesday. >> university chancellor of the city college of san francisco is talking about accreditation issues facing the school. there are 100 days to fix problems or risk losing accreditation. and what is being done. there is a group including staff and representatives. the letter stresses the college is not closing. 90,000 students attend. >> and a move by the contra costa county sheriff's department to expand a detention center. the department says it needs mone

despite austerity measures, prime minister mario monti has a massive debt burden of almost two trillion euros. a month ago, italy was paying almost 4% interest on its bonds. on tuesday, it dropped to 2.7%, the lowest rate since may. the european fiscal impact stresses greater budgetary discipline. >> on to market. european shares traded lower and played catch up after the slump in the united states. it was prompted by indications from the u.s. central bank said it will hold off on enhanced stimulus measures despite economic weakness. here are the numbers, starting in frankfurt. beat -- the dax down. the eurostoxx 50 down by an even greater amount. and the euro trading at a value of $1.2194. french carmaker peugot will be closing one of its plants near paris. explains the economic crisis. >> european leaders are calling this an economic earthquake. >> in the past, southern europe has been at major market for peugot's contact cards -- compact cars. the company worries that turnover could plummet 10%. other locations are set to undergo restructuring. peugot's chief executive says the compa

dell monty corporation says tests have found in connection between the treats and any illness to dogs of the late singer michael jackson received an odd invitation from the doctor convicted in jackson's death. conrad murray invited the 82-year-old dwrorld visit anymore in jail, murray extended the invitation to quote, answer any questions she might have before she departs this life. and there is a investigation ordered into the welfare of jackson's three children. catherine agreed to share guardianship with another relative. >> a food truck group is warming up after a fresh victory over their permits. and off the grid set up shop this year, serving a variety of foods until there is a group of nine restaurants, sued. and in a hearing the city came down on the side of the trucks. >> that is an area lacking in food. so to bring food trucks in to serve the community is wonderful. >> this is a tracting a lot of business and this business is taken from local restaurants. >> and this is set to return in a week. >> in gilroy, garlic is king. only this year stench is from the thief who stole t

>> about mario monti?llboards everywhere in rome of him leaning back in a beach chair drinking a tropical drink "send monti to the beach." >> he has surprisingly strong support but plummeted to less than 30% as things got stuff. >> i asked the cabbie. >> he was a bureaucrat when he came in and everybody said that's exactly what we need, a technocrat. >> he looked very happy and comfortable, it was a funny shot of him smiling, drinking a drink, lounge chair on the beach. i said what does that say? "next election, send monti to the beach." >> he had better than 80% election ratings answers now it's dropped back down to 30%. >> a couple like the last guy back, with the pugs and dyed hair and 17-year-olds, berlusconi. >> he's got a strong bid to come back. >> they were going to bring him back, god bless him, 72. >> i love your association with the 72. with the 17 years old. >> 17 years old? you don't give him credit for that? divided by two, minus 7. >> that's horrible. i didn't say that. >>> we have the fed a

monty? >> reporter: well, good evening. we're outside the offices of the super pac where there's a phone banking event happening. this is not funded by millionaires or billionaires as you said, but rather funded by many small donations. in fact, organizers claim that so far they've raised $1.3 million from almost 65,000 individual donations. the super pac was started by the san francisco based phone company credo mobile which has given millions of dollars to political causes. their mission is not to support democratic candidates, but rather to defeat what organizers have deemed the tea party ten. upstairs they even have a cardboard cutout of one of the lawmakers, dan lundgren, who represents a district covering sacramento county. >> we're going to target ten, the most vulnerables who have the most extreme views across america. we're in ten congressional districts right now with storefront offices and hundreds of volunteers and paid volunteers on the ground already in june and july to get them out of office. >> reporter: the

. >> earlier this week, prime minister mario monti did not rule out tapping into the eurozone's new rescue fund. italy's position remains precarious. the country still has to raise another 180 billion euros before the end of 2012. >> that successful bond auction gave a boost to shares at the end of the week. let's look at the closing numbers kicking off in frankfurt with the dax managed to pack on more than two full percent. across the atlantic, on wall street, the dow at this hour trading up by a clear 1.5%. even the euro is gaining strength, trading at a value of $1.2244. america's biggest bank, jpmorgan chase, has now admitted that losses from a derivatives trading scandal were at least $5.8 billion. that is more than doubled the amount originally admitted to. >> despite those losses, the company racked up profits of around $5 billion in the second quarter. that is 9% down on the same time last year. meanwhile, the bank has considered that traders may have tried to cover up losses from those trades earlier this year, but it says it has not cleaned up its act. >> in germany, the governme

time so let's hope the russian team can keep that medals tally ticking over until then andrew farmer monti. and reformer there and richard porte reporting from london now moving on to russian football where it's had a grossly have claimed their first win of the season after beating f.c. krasnodar one nil on home pitch it's extended slop church of his men just eighteen minutes to cure the victory all they even know of headed home his second goal in just as many games so far this season and it stayed one nil as hung on for the win there now fifth in the standings with four points walk across the door or in seventh with three. elsewhere australia midfielder team gael has become the latest international star to join the fast rising major league soccer in the united states the thirty two year old was unveiled as the new exciting all of the new york red bulls the move brings to an end his eight year spell at everton and cahill says he can see way to play alongside a certain scary young read. this is a big win for me you know i know a lot of people might. think otherwise but you know i'm thirty t

sports infrastructure in moscow the deal was signed this morning during italy's prime minister mario monti's visit to moscow and more deals from their new roles nickel and italy's tech are going to read ovate sold for plants in russia's far north and of was nafta italy's and he have iron out the financial details of their deal to develop oil reserves in the block the bare sea speaking of oil crude is actually shedding a value this monday morning roughly two dollars for both the delta and the brands again those european concerns are really adding fuel to the fire traders also worry that china the world's second largest economy is slowing down and that it's going to lower demand for energy and staying with the energy sector b.p. wants its russian joint venture t.m. to pay one billion dollars in dividends the idea surface that the first board meeting in more than six months meetings that february and may didn't have the warm so they left the shareholders with no regular dividend payments the proposed dividends would net b.p. itself five hundred million dollars and on to other stories soybean an

monty francis reports that they are looking for something you don't find on the scorecard. >> reporter: every move counts, it is after all the olympic gymnastics trials in san jose, the final stop on the road to london. every olympic trial judge who sits in these seats watches and weighs each performance. former usa team competitor liz crandall is one of them. >> i am a fair judge. >> reporter: by day crandall is a coach at airborne gymnastics in santa clara working to develop young olympic hopefuls, but by night, this weekend anyway, she's making decisions that could make or break these gymnasts' olympic dreams. >> we as a country are so incredibly gifted and strong right now that we could probably put up three different olympic teams and they would all medal. >> reporter: it's a fact that makes crandall's job that much harder, but she says she goes for honesty. she tries to use her knowledge to give the athletes the most accurate information possible. >> we feel like the more prepared they are, the more deductions that they're aware of in their routines, they can go home to their gym

sports infrastructure in moscow the deal was signed this morning during italy's prime minister mario monti's visit to the russian capital rules and italy's kid going to renovate a sold for a plant in russia's far north and rosneft italy's and he have warned about the financial details of their deal to develop boiled first serves in the black and the barents sea now speaking of oil proved futures slide to roughly two and a half dollars for both the w t r and brown per barrel this monday afternoon against those european concerns immediately to blame traders worry that china the world's second largest economy is really slowing down and that is going to bring down the demand for energy staying with the energy sector b.p. wants its russia joint venture t.n.t. b.p. to pay up to one billion dollars in dividends the idea surface that the first board meeting in more than six months the meeting in february and may did not have the warm so they left the shareholders with no regular payments the proposed dividends would now b.p. five hundred million dollar. hours. soybean and corn futures and the last w

debt is very high in resistance to that and now we have another financial crisis and italian pm mario monti joined forces with his punishment french counterparts during the latest e.u. summit in brussels to get significant concessions from but there's hope for him there's a seismic political shift going on with the old elite feeling that public backlash against austerity and even comedians are proving successful alternatives to the current leadership is a sad fact report. time that it leaves the economic situation it's no laughing matter so it might come as some surprise that it's full of a t.v. comedian that paid. the latest character to still its least political spotlights how much does the euro crisis continue voters have become increasingly disillusioned with mainstream politics and a radical the populist greed and grassroots movements such as youth organization the right have been growing in force and popularity that they could alone and his five star movement now thrive online shunning traditional media and gaining huge respect with its younger generation something that technocrat pre

the euro debt crisis one in five greeks and one in four spaniards around employed here to premier monti said today he sees the light at the end of the tunnel. which was told by suing the nasdaq for growth mishandling of facebook's i.p.o. u.b.s. says nasdaq malfunctions left it with more facebook stock and hundreds of millions of dollars in losses facebook shares of nosedive thirty nine percent on reports they misled potential investors over future earnings that makes it the worst performing big i.p.o. in the decade u.b.s. shares a sliding four percent on that year's b.p. profit meanwhile plunged ninety six percent after writing down five billion dollars in assets including u.s. shale deposits first loss in five days for the six russian shares of the world's best value based on estimated earnings the euro's swinging between gain and loss on the dollar today the ruble being wild is mixed and russia faces big problems when it joins the w t o next month the country desperately short of civil servants to defend the country in the trade body as altie reports. towards accession to the world tr

in the euro crisis one in five greeks and one in four spaniards are unemployed get italy's premier monti said today he sees the light at the end of the tunnel for the euro. top bank is suing them for gross mishandling of facebook's i.p.o. u.b.s. says nasdaq malfunctions left it with more facebook stock and hundreds of millions of dollars in losses facebook shares of nosedive thirty nine percent on reports they misled potential investors over future earnings that makes it the worst performing big i.p.o. in a decade and drop today we'll have more for you next week all right. just a moment on the headlines and that will be backed up by the kaiser report hope to see you in just. wealthy british style. that's what i'm trying to find. markets why not come to. find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune into cars a report on our. mine. would be soon which brightened if you knew all about some.

just as have blamed brussels for forcing job cuts in the euro dick crisis neverless premier mario monti today said he sees the light at the end of the tunnel for the single currency and switzerland's biggest bank is suing the nasdaq for gross mishandling of facebook's listing u.s. bases nasdaq more functions left it with more facebook stalk and hundred million dollar losses facebook shares of nosedive thirty nine percent reports they misled potential investors over future earnings that makes it the worst performing big i.p.o. in. u.b.s. shares are falling four percent the sell on the news b.p. profit meanwhile plunged ninety six percent of the writing down five billion dollars in assets including us shale deposits first loss in five days for the most exposed estimated earnings russian shares of the best value among twenty one emerging markets the euro's swung back into gains this sell rubles retreating to other currencies the role sure looks likely to lose out when it joins the w.t. only this month countries desperately short of civil servants to defend the country in the trade body. ha

it was a staple for world war ii service members and featured in that monty python skit and it may becessed but it has a museum. homerel the maker turns out 110 pound of spam in 12 varieties every single year. >>> going to church can get you a discount at a pennsylvania restaurant. bring your bulletin to the kife and get a 10% discount that's not going over well with -- kitchen and get a 10% discount that's not going over with atheist who say it's discrimination. >> rubbed meet wrong way because the implication is that they reward church goers and i am not one. so, i am not as good as the next churchgoer. >> it was an innocent -- churchgoer. >> it was a innocent marketing deal for sundays that's all it was and all it will be. >> the restaurant owner says she will advertise as she sees fit and says she now has plans no plans to get rid of the promotion. there you go. >>> i think back to the spam my grandfather jesse everhart loved that. >> jesse everhart. >> ute used to send me out. >> jess -- used to send me out to get it. >> jesse everhart and spam. >> very hot conditions we will kee

monty francis joins us from city hall with the details. >> reporter: good evening. she spent about three and a half hours testifying tonight and there was a lot of emotion from her. but also for the first time, we heard a detailed account of what she claims led to a fight that left her with a bruise on her arm. >> he grabbed my arm and i said stop. it was one second. >> eliana lopez claims the one and only time her husband was violent with her was inside their mini van on december 31st when they argued and the now suspended sheriff grabbed her arm. >> actually, the bruise, i helped make the bruise because i pulled my arm away. because for me, that he touched me is not acceptable. >> reporter: lopez denies accounts of a neighbor, ivory madison, that once inside the house, he was violent a second time. she claims that's what lopez told her when they made a video together in which a tearful lopez shows her bruise to the camera. she said she doesn't consider what happened domestic violence. >> my arm is not domestic violence. domestic violence implies abuse, verbally ab

contracts up inside already and as you said as far as a relationship between the two countries mario monti reaffirmed his commitment to maintain that a friendly relationship that we've seen silvio berlusconi established in previous years that sort of deals on all that's what everyone wants to hear in particular we know that italian banks will lend to russia speed to be two hundred seventy million euros and that's to renovate moscow's sports infrastructure also known as nickel and so these tech in are going to run the bait as soulful plant that's located in russia as a far north we have another deal that has to do with it's of these and e.u. and of course a rolls there and basically they've ironed out all the financial details on their deal to develop to oil reserves in the black and barren seas and also we already have analysts estimated that investments into those two shelves will exceed the won a billion dollars well i know the deal with the one billion euros this time around is an investment and so russia is a more caucuses and this is why it's harley and develop ready sonnie the acar a

mario monti reaffirmed his commitment to maintain that a friendly relationship that we've seen. in previous years now in terms of the that's what everyone wants to hear in particular. to russia to be two hundred seventy million euros and that's to renovate moscow's sports infrastructure also known as snicko and it's a lease tekken are going to renovate a soulful part that's located in russia far north we have a deal that has to do with it's a lease and of course a rolls there and basically they've ironed out all the financial details on their deal to develop to oil reserves in the black and barren seas and also we already have analysts estimated that investments into those two shelves will exceed that won a billion dollars well i know the deal with the one billion euros this time around is an investment and so russia is in more places and this is why it's harley and develop ready sunny acar and of course italy is a very important partner for russia just last year bilateral trade increased by a quarter to forty six billion dollars that's almost pre-crisis levels and of course as

euro debt crisis one in five greeks and one and four spaniards unemployed yet prime minister mario monti says that he sees the light at the end of the tunnel for the single car. let's go back to u.b.s. switzerland's top bank is suing the nasdaq for a gross mishandling of facebook's i.p.o. and u.b.s. says nasdaq malfunctions left it with more facebook stocks and the hundred million dollar loss facebook shares of nosedive thirty nine percent on reports that they misled potential investors of the future earnings and that makes it the worst performing big i.p.o. in decades. all right i'll be back in and around an hour i'll have the the opening of the u.s. markets for you to meet you thanks so much we'll see you then. so far so they don't hear a lot see all the with the headlines. you know sometimes you see a story and it seems so for like you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm trying hard welcome to the big picture. russia is going to be so.

meanwhile its leaves prime minister mario monti and the head of the e.c.b. mario draghi have all said that they see a light at the end of the tunnel for the euro that it will be preserved and therefore we see in the year again value against the dollar and russia's ruble was in line with that trend losing value against the euro and gaining some i guess. on the stock markets russia has seen a one point five one percent drop in both the we are vs the my sixth in the seas but that's kind of logical after four days of gains is therefore this is a profit taking and you could call that a place to be just fine correction first take a look at what's happening in the united states and it's moving up and down right now more down there and really flat to negative picture on the dow and on the nasdaq as we've seen stats come in about spending reduced in the previous month but wages at the same time increasing pretty significantly. facebook is actually losing six percent this hour on the nasdaq we'll look at why in just a second on the footsie was seen a drop of more than

i am also convinced that mr monti is in a certain way doing a good job so i think that he will manageright mayor of the town of silver outright lie with us on the line from the capital room thanks for that. well look now at some other stories making headlines around the world british police brought charges against eight people in connection with the phone hacking scandal at a top paper owned by rupert murdoch among them are m.p. for later became the prime minister's media chief and former news international chief executive rebecca brooks the charges relate to illegally accessing the voice mail for thousands of people including that of a missing school girl who was later found murdered. the man accused of a massacre at a screening of the new batman film in the u.s. has made his first court appearance james holmes was charged with the killing of twelve people and injuring fifty eight more in the shooting in aurora colorado the twenty four year old didn't speak at any point during the hearing prosecutors said holmes could face the death penalty if found guilty. over one hundred people ha

meanwhile it's in the prime minister mario monti has said today that he sees the light at the end of the tunnel for the euro also reassuring comments from the head of the e.c.b. mario that everything will be done to preserve the euro currency and therefore seeing the euro gaining slightly against the greenback while the russian ruble was mixed about in line with the global trend on the stock markets the r.t.s. on the my six declined one the half percent was the first day of losses in five so therefore this is a correction and profit taking over in the united states was seeing the dow jones and the nasdaq moving from positive to negative territory in fact it's now slightly down pretty much flat this is as disposable incomes have increased as wages have been boosted but spending at the same time as the client in the previous. and in europe we have seen a batch of reports coming out well first of all germany's of finance ministers reportedly has it's a thing to provide a banking license to the european stability mechanism and this is not been welcomed by investors and therefore we see p

pretending anymore so people understand that but mario monti is a bank start from goldman sachs what decisions has he taken on behalf of his population and you see that going well it's not only from goldman sachs but it's also one of beaters that the bill that records and one of the leaders of the tribe that are commission so he's out there motives going on here and it was he was the prime minister of italy who. was trying to do instead. to bail out the banks directly that they were going to black everything so so he's obviously working for the banks here and that whole tribe that look the whole threats build their marriage in the trailer that our mission is basically one world government one we're all currency and the only way you're going to get there. saying in his letter to you have some sort of crazy it's you know an externality external threat. in order to carry body to greet well the exter not threat in this case is if you just get blamed government spending too much money but in fact the governments were doing fine and still debating prices it's actually the bankers are respo

yet italy's prime minister mario monti says that there is light at the end of the tunnel for the euro and mario draghi also backs the. call for the preservation of the euro and therefore we have seen the euro strengthening against the greenback as you can see there by around half of the said euro against the ruble is a gating rubles weakening in line with the global trend but strengthening slightly versus the greenback. now as to russia's stock markets we have seen a decline of one half percent it's a but nothing to be afraid of really because this is a technical correction on profit taking no to four days of gains and over in the united states with the picture we're seeing right now it's flat to negative we haven't seen much movement actually in today's session nasdaq mostly dominated by headlines of facebook falling to get a new record low of around twenty two dollars pushchair or forty percent forty one percent on it's an issue i.p.o. price we'll look at that in just a second over in europe the footsie is down more than one percent as a reports of command germany's finance minister

prime minister monti of italy saying that syria should look to lebanon as an example stating that their system has worked really well for them and basically what they put in place is a system that allows for all aspects of society to have a representative government saying that that is a good example for syria to use now president putin has not dismissed nor endorsed this idea listen to what he had to say on the subject i'm assured first of all there must be a complete or total pilots nicely and they both sides must come to the negotiation table where they would decide on the country's future and that future must not be decided by a military defeat or you can ignore the victory of one side or the other. and compromise. president putin going on to say also that an unconstitutional overthrow of the regime in syria will lead to a protracted civil war something that russia does not want and is trying to avoid and it would lead to a repeat of the bloody civil war that is happening in the bloody violence that is in afghanistan also that all sides need to come to the table and make an effort t